Telecoms regulator the Swedish Post and Telecom Agency (Post & Telestyrelsen, PTS) has announced that Netett Sverige (Net 1 Sweden) has won the auction for spectrum in the 450MHz band. The company placed a bid of SEK91.3 million (USD11.4 million), but as per the PTS’ auction rules it will pay the price offered by the second-highest bidder (Telia with SEK40.2 million). The company will be awarded 2×5MHz (452.5MHz-457.5MHz/462.5MHz-467.5MHz) in the band, for use from 5 March 2020 until 31 December 2044.
The PTS has stipulated that Net 1 will now be required to cover 80% of the area in each Swedish county with mobile broadband services, offering minimum download speeds of 5Mbps and upload speeds of 128kbps.